-Dynamic new CEO with very good ideas and style-Strong balance sheet and core products-Strong brand-Changing payments landscape is making work much more interesting and challenging-Potential to be a really great place to work

Cons

-There is a very strong existing culture that limits internal communication, questions, and risk taking-New CEO is trying to change culture. This leads to 1) uncertainty in may parts of the organization and 2) Challenging internal politics-Risk that new CEO may not be successful

Advice to ManagementAdvice

Set up means to hear what all levels of the company are thinking and convince employees they are not risking career success by speaking out.

Everybody has heard of the company, you don't need to explain what your employer does. And for newbies to the industry, MCW does a great job of orientation and training new employees. The company offers good benefits and pay, though they have been pared significantly for new hires since 2007. The Purchase HQ and grounds are a beautiful place to work, but isolated if you're used to the bustle of Manhattan.

Cons

MCW is a remarkably bureaucratic environment and often hard to get things done in timely, efficient manner. For all the talk about acting with a sense of urgency, even a simple project can drag on for months--thanks to the "matrixed" environment, buy-in and consensus is required for just about everything, and is often an excuse for manager and lawyers who don't know anything to stick their fingers into your project. (In fairness, I've been told this is beginning to change under the new CEO who just came in.) But an awful lot of what I did was "meta"-work -- work we had to do to prove to somebody else in the organization why we should be allowed to do our real work our way.

Advice to ManagementAdvice

Reducing the number of meetings and strip out the bureaucracy would allow employees to actually get on and do their jobs.